Monday, January 30, 2017

LONG UPL FUTURE FOR 31 JAN 2017

“BUY UPL ABOVE 744 TGT 755/765 SL 732”
READ MORE TO KNOW TECHNICAL BASIS :
Primary trend of the stock is bullish and it may consolidating NEAR  the 1150 level .It is expected to continue the bull run with the crossing of the resistance level of 1155, as the stock is sustaining above its 200 and 50&22 days moving averages with 55 RSI. One may initiate the long position above the mentioned level for the targets of 1175,1200 and with the strict stop loss of 1120.
NIFTY  down 13 points market warry ahead of Union Budget
The Nifty started the week on a negative note with a gap-down opening at 8,645 levels. There after it continues to trade sideways in a narrow intra-day range between 8,636 and 8,666 levels. Nifty is also trading sideways in a narrow range. The market breadth is biased towards declines. Domestic indices turned cautious on Monday ahead of Budget 2017 after a strong rally in the previous week. Traders with a short-term perspective should desist trading in the Nifty February futures contract as long as it trades in the band between 8,636 and 8,670.Only a strong fall below the immediate support level of 8,636 will be a cue for initiating fresh short positions with a fixed stop-loss. Next key supports are at 8,620 and 8,600 levels. On further slump below 8,600, the contract can test supports at 8,580 and 8,550 levels. Key resistance beyond 8,670 is in the band between 8,690 and 8,700. Subsequent resistance is placed at 8,720 levels.
TOP GAINERS:   Idea, Bharti Airtel, Sun PharmaGrasim and Dr Reddy
TOP LOSERS:   Infratel, Aurobindo Pharma, Tata Motors and Tata Steel 

15 comments:

  1. I will trade on your UPL call which you given , SO please suggest me for that call..

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  2. I want to buy tatasteel future from current level..can u suggest stop loss?

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  3. can I somehow get more than 1 call per day????

    ReplyDelete
    Replies
    1. yes ofcourse,to get more tips per day. give a missed call on 08030636442

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  4. i must say yours levels are very accurate...UPL never crossed 744...can i get live stock future tips in market...

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    Replies
    1. If UPL crossed 744. then target will be achieved. to get live market calls fill form on right side..>>

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  5. You are providing such great calls for future. Do you also provide calls for commodity????

    ReplyDelete
    Replies
    1. YES,to get live mcx calls give a missed call on 08030636442 or fill up the form on right side. you can also visit COMMODITY TRADING TIPS

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  6. how icici result will come..? Actually i have short position in icici from 250..plz let me know that should i hold it or exit..

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    Replies
    1. ICICI ,Income may be under pressure, low cost deposit flow is likely to aid Q3 owing to demonetisation. You can hold icici with stop loss of 276.

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  7. nice blog ,thank for sharing great content and knowledge like a ?commodity tips& nifty future tips

    ReplyDelete